WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Sees Large Decline in Short Interest

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 22,528 shares, a drop of 74.2% from the April 30th total of 87,406 shares. Based on an average daily trading volume, of 577,472 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

WisdomTree U.S. Quality Dividend Growth Fund Stock Performance

NASDAQ:DGRW traded up $0.22 during midday trading on Friday, reaching $97.11. 721,028 shares of the stock traded hands, compared to its average volume of 955,107. WisdomTree U.S. Quality Dividend Growth Fund has a 12-month low of $80.18 and a 12-month high of $97.33. The business has a 50-day moving average of $92.51 and a two-hundred day moving average of $91.30. The stock has a market capitalization of $16.99 billion, a PE ratio of 22.10 and a beta of 0.82.

Institutional Investors Weigh In On WisdomTree U.S. Quality Dividend Growth Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Palisade Asset Management LLC purchased a new stake in WisdomTree U.S. Quality Dividend Growth Fund during the third quarter valued at approximately $27,000. Assetmark Inc. lifted its position in WisdomTree U.S. Quality Dividend Growth Fund by 1,243.3% during the third quarter. Assetmark Inc. now owns 403 shares of the company’s stock valued at $36,000 after acquiring an additional 373 shares during the last quarter. Optima Capital LLC purchased a new stake in WisdomTree U.S. Quality Dividend Growth Fund during the fourth quarter valued at approximately $37,000. Stone House Investment Management LLC purchased a new stake in WisdomTree U.S. Quality Dividend Growth Fund during the fourth quarter valued at approximately $43,000. Finally, Sound Income Strategies LLC increased its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 235.7% during the fourth quarter. Sound Income Strategies LLC now owns 480 shares of the company’s stock valued at $44,000 after acquiring an additional 337 shares in the last quarter.

WisdomTree U.S. Quality Dividend Growth Fund Company Profile

The WisdomTree U.S. Quality Dividend Growth Fund (DGRW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks the performance of an index that invests in large- and mid-cap dividend-paying US common stocks with growth characteristics. DGRW was launched on May 22, 2013 and is managed by WisdomTree.